An unpopular but TRUE economic fact - poorfags are poor because they are not investing in the markets. In the modern west, the greatest accumulation of capital has come through investments in equities, bonds, and similar instruments which are traded in stock and other financial markets.The bottom 50% of US income earners only hold 1.1% of equities, which kind of tells the entire story - if they had invested more, they'd be a lot wealthier.
>>539977938>poor people are poor because they don't have moneyI guess I never thought of it that way before.
When everyone who isn't in the game automatically loses, that's called theft.
Investing is a gigantic enigma of random shit I'd need to spend forever trying to learn because none if makes any sense and I don't want to risk losing my money. I have no idea what the fuck a portfolio, equity, what any of this shit is. I'm not a soulless ghoul who sleeps in a suit so as far as I'm concerned "economics" means "I have 50 beans, can I trade you them for a goat" not this imaginary funny money manipulation bullshit.
>>539978027They are failing to grow/expand their income through investments. Their income comes and goes immediately without leaving much of a trace other than some material goods and living expenses. That's NOT how to get ahead financially; you HAVE to look for opportunities to invest so that your income can expand passively, beyond your ability to grow it manually via hourly wage labor. Many people are simply not taught this lesson.
>>539977938Or we could just kill all jews like jesus recommended
>>539978169Most of them can barely afford thier rent, they don't have any investments, that's what makes them poor. If they had investments then they wouldn't be poor, would they?>poor people are poor because they don't have any investments Ground breaking stuff here, OP.
>>539977938>invest in market>(((rug pull))) (((pop the bubble)))>now you're poor AND you have a $10000 month lifestyle AND no one to offload your assets to
>>539977938I would be basically broke right now if not for investing, even though I make >100k. So it's probably even more important for poors to invest.>>539978397>I'm going to prevent myself from making +50% because I might temporarily lose 30%I mean if you're a complete retard that panic sells when stocks go on sale for 30% off, instead of buying more, then probably best to stay away from stocks, and society as a whole.
>>539978027>work literal minimum wage as an 18 year old>live with parents>invest 200 of the 300 you make every week into the S&P >in 4 years you’re making 10k/year passively, compoundingThat’s assuming literally dirt poor conditions making minimum wage. God forbid someone works as a young adult and not “find themself” for 10 years and be surprised they don’t have a 6 figure career at the end.
>>539978721>live with parentsNot all poor people get that option. Again, most of them are just barely surviving. I honestly don't know how the fuck some of them do it making $12 an hour. I'm not arguing with you about investing being bad, I'm simply saying most of the poor people you speak of don't have money for simple things, let alone investments.
>>539977938you shouldnt have to investits a retarded evil system that gets worse the more people take advantage of it
>>539977938Boomer society enabled long term investment. This society is a casino. You may gamble if you like but the house always wins. Find your own money, globohomo corp.
>>539977938Cool let me just put the $2000 I have to my name in the stock market aaaand it's gone.Or wow I am now making 55 cents a month on residual income. Such a lifechanging experience. At this rate I can be rich in about 1000 lifetimes.Or let me give it to some other finance faggot who's skilled at bullshitting who can steal it or promise me some mythical future returns that'll never happen.Thanks for the great advice, I never thought to invest before
I don't invest because I don't find fun in that
Which serious books on serious investing does /pol/ recommended? Serious as in no gambling or speculation or technical astrology. Only books, not gay videos or curses. Even better if specific to Spain/Europe if relevant (legal stuff.) Thanks.
>>539977938Poorfags are poor because of their brown mentality, which leads them to spending whatever they have on bullshit they don't need and depending on the government.
Trying to become rich in a rigged system is super hard, most people will commit suicide because they lose everything gambling on stocks and crypto crap. It's all a ponzi scheme. Capitalism is the most evil jewish system ever created. It is an ideology of pure greed and envy. Capitalism is bad in theory and bad in practice.
>>539978086well said.
>>539978366>>539978027all anons note that OP was BTFO.
